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IF statements |
These are simple formulas that will make ordering stock and identifying what is selling well - they can be set up to warn staff when they need to re-order stock.
If stock is equal to or below 50 then reorder
It will look like the formula shown =if(a1<=50,"reorder","Don't Order"
If you look closely at the formula, it says if stock in cell a1 is lower than or equal to 50 then reorder more, if it is higher then the second message don't order will show up. You have to enter the 'warning' you want, and also the other option if the warning is not needed.
Or if sales are slow then they can say if sales are below 30 then reduce price. Then warnings will appear on the screen.
In your coursework mention what 'if statements' you could use and why you would want them. How do they tell staff what is happening?
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